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The reason behind my last emails
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It’s simple. I’ve shown you how smart people can make stupid mistakes. How costly they are. How amazingly common they are. The wrong team, the wrong assumptions, the wrong risks transferred. Simple. Foreseeable. Evitable. But… You see them over, and over again. You and I as taxpayers pay the price. And if you work in infrastructure… and you are in these “saraos” (projects), you can pay an even higher price. Endless nights without sleeping, hours and hours wasted in never-ending meetings, irrespirable ambiance at work, having to go to the toilet with a lawyer next to you, demotions, bye, bye bonuses, and much more. Not worthy to be there. Not worthy to make those evitable mistakes. So, next week I’m doubling the price of my reflections about my last project, Puhoi to Warkworth highway, that you have below. There is too much value there, and the price is a joke. Compare it to the value of those lessons and what you can get from them. I know it, people that have bought know it, and even some of you have written to tell me just that. So, if you were hesitant, now it’s the moment. Tomorrow, it will be also a great moment. You’ll just be paying more.
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Yesterday at 23:59, the price of the two Hand-Back Requirements courses almost doubled. As announced. As promised. As warned. So if you bought them yesterday, congratulations. You acted like an adult. Rare. If you didn’t… Maybe you were busy. Maybe you had to feed your fish. Maybe your dog needed emotional support. Maybe your procurement committee required three working groups, two memos and a risk register before approving a very simple decision. Maybe you opened the email, thought “I should...
Tonight at 23:59, the price of the two Hand-Back Requirements courses almost doubles. That is the email. Now, let’s remove the excuses. You don’t need more information. You don’t need to “think about it.” You don’t need to ask your boss, your partner, your mentor, your procurement guru, your spirit animal or the guy in the office who still thinks financial close is the peak of human civilisation. You know whether this is for you. If you work in PPPs, concessions, infrastructure, lenders’...
It doesn’t matter what project we’re talking about. PPP or else. If I took a picture of most people negotiating a Project Agreement today and compared it with one from five years ago, you wouldn’t notice the difference. Same priorities. Same obsession with financial close. Same attention to construction risk. Same drama around LDs, relief events, variations, refinancing, performance deductions and lenders’ approvals. And the same silence around Hand-Back Requirements. Nothing has changed....